USD/CAD Bounces at 1.1250 and Tests 1.1300 After Canadian Retail Sales
June 19, 2009 by admin · Leave a Comment
USD/CAD has bounced at the 1.1250 level to rise above 1.1280 and test 1.1300 resistance, fueled by worse than expected Canadian retail sales in April. The currency pair rose 50 pips after the data was released, moving to 1.1290/1.1300, yet 0.25% below today’s opening price. Read more…
